Asia Pacific Competition Highlights July 2020.

In this regional update, we provide you with a practical overview of the most notable antitrust legal developments over Q2 2020 that may affect your business.

For more practical guidance to navigating an increasingly complex antitrust landscape, we invite you to register for our Competition Essentials program. Our lawyers, in a series of live and on-demand formats, will cover how to spot the key competition law risks from a multi-jurisdictional perspective, with the latest on-the-ground insights.
 

In this issue:
 

Australia
 

• ACCC seeks submissions on draft media and digital platforms bargaining code

• ACCC to ramp-up enforcement in second half of 2020

• Merger review round up: Qantas, PN Aurizon, Carsguide, and others

 

China
 

• SAMR signals VIE structures should be notified, in major policy shift

• Four mergers recently cleared with remedies

• Record-high fines levied on pharma API distributors for abuse of dominance

• SAMR lifted remedies in two conditionally approved cases

 

Hong Kong
 

• Tribunal hands down first competition law penalties in Hong Kong

• HKCC offers guidance to businesses amid COVID-19 outbreak

 

Indonesia
 

• COVID-19: merger review timeframes extended

• KPPU to clarify application of merger control to asset deals

• KPPU open to providing guidance on collaboration between competitors

 

Japan
 

• Amendment introducing cooperation program and attorney-client privilege passed

• Strengthened screening of foreign acquisitions of listed companies in certain sectors

 

Malaysia
 

• Online conversations under increased scrutiny by MyCC

 

Philippines
 

• PCC resumes merger control processes during general community quarantine

 

Singapore
 

• CCCS commences market study on private retail lease market

• CCCS concludes investigations into the property valuation industry

• CCCS fines three contractors for bid rigging

 

Taiwan
 

• Mergers in pharmaceutical sector are facing prolonged review

• Conditional extension granted for concerted actions among corn importers

 

Thailand
 

• Public hearings open for market dominance threshold and amendments to franchise guideline

 

Vietnam
 

• VCCA issues 2019 Annual Report

• New guidance on submission of economic concentration notification dossiers

• VCCA indicates increased focus on the pharmaceutical sector
   

Please click here to read the publication. 

 

 

For further information, please contact:

 

Rico W.K. Chan, Baker & McKenzie

Rico.Chan@bakermckenzie.com